IILM Reissues USD 1.286 Billion in Short-Term Ṣukūk

The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of USD 1.286 billion in…

IMAN Holding Announces $100 Million Fundraise to Expand AI-Driven Islamic Banking Platform

IMAN Holding has announced a $100 million fundraising initiative aimed at accelerating the development and global…

Etiqa Insurance Singapore Partners with AIA Singapore to Expand Takaful Access

Etiqa Insurance Singapore has formed a strategic partnership with AIA Singapore to expand access to Shariah-compliant,…

Pakistan Launchs First PKR 3 Billion AAA-Rated Green Sukuk for Telecom Sector

Pakistan has marked a major milestone in sustainable finance with the launch of its first-ever PKR…

MARC Affirms PTP’s RM3.5 Billion Sukuk at AA with Stable Outlook

MARC Ratings has affirmed its AAIS rating on Pelabuhan Tanjung Pelepas Sdn Bhd’s (PTP) RM3.5 billion…

Halal Ingredients Market Expected to Reach USD 196.84 Billion by 2035 Amid Rising Global Demand

The global halal ingredients market is set for significant expansion in the coming years, driven by…

Egypt’s CBE Launches $77.1 Million Fixed-Return Sovereign Sukuk

The Central Bank of Egypt (CBE) has announced the issuance of fixed-return sovereign sukuk denominated in…

BankIslami Approves Rs5 Billion Shariah-Compliant Sukuk Issuance

KARACHI: BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk of up to Rs5…

Pakistan Raises Over Rs109 Billion in Landmark Hybrid Sukuk Issuance

KARACHI: Pakistan has successfully completed its first-ever Hybrid Sukuk issuance, raising over Rs109 billion through an…

Prema Milk Owner Raises Rs. 800 Million Through Sukuk Issue

At-Tahur Limited (PSX: PREMA), the company behind the Prema dairy brand, has successfully raised Rs. 800…